One of the three functions of money is to serve as a:
A. real liability.
B. financial asset.
C. financial liability.
D. real asset.
Answer: B
Economics
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Answer the following questions true (T) or false (F)
1. GDP is not a complete measure of well-being. 2. The size of the underground economy as a percent of GDP is larger in the United States as compared to poorer countries such as Zimbabwe. 3. If an increase in crime causes households to spend money on police and security systems, GDP will rise.
Economics
The value of unpaid childcare services provided by a stay-at-home dad ________ included in GDP; the value of daycare services purchased from a licensed childcare provider ________ included in GDP.
A. is not; is not B. is; is C. is not; is D. is; is not
Economics